Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Illinois Tool Works Inc. (NYSE:ITW)

Debt to Equity
since 2005

Beginner level

Calculation

Illinois Tool Works Inc., debt to equity, long-term trends, calculation

Microsoft Excel LibreOffice Calc
Debt to equity = Total debt1 ÷ Stockholders’ equity attributable to ITW1
Dec 31, 2020 2.55 = 8,122  ÷ 3,181 
Dec 31, 2019 2.56 = 7,758  ÷ 3,026 
Dec 31, 2018 2.27 = 7,380  ÷ 3,254 
Dec 31, 2017 1.82 = 8,328  ÷ 4,585 
Dec 31, 2016 1.84 = 7,829  ÷ 4,254 
Dec 31, 2015 1.42 = 7,422  ÷ 5,224 
Dec 31, 2014 1.09 = 7,457  ÷ 6,819 
Dec 31, 2013 0.65 = 6,344  ÷ 9,703 
Dec 31, 2012 0.48 = 5,048  ÷ 10,561 
Dec 31, 2011 0.40 = 3,990  ÷ 10,018 
Dec 31, 2010 0.30 = 2,830  ÷ 9,370 
Dec 31, 2009 0.36 = 3,129  ÷ 8,808 
Dec 31, 2008 0.48 = 3,677  ÷ 7,663 
Dec 31, 2007 0.25 = 2,299  ÷ 9,351 
Dec 31, 2006 0.16 = 1,418  ÷ 9,018 
Dec 31, 2005 0.16 = 1,211  ÷ 7,547 

Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-17), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-27), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-24).

1 US$ in millions

Comparison to Competitors

Illinois Tool Works Inc., debt to equity, long-term trends, comparison to competitors

Microsoft Excel LibreOffice Calc
Illinois Tool Works Inc. 3M Co. Boeing Co. Caterpillar Inc. General Electric Co. Honeywell International Inc. Lockheed Martin Corp. Northrop Grumman Corp. Raytheon Technologies Corp.
Dec 31, 2020 2.55 1.46 — 2.42 2.11 1.28 2.02 1.42 0.44
Dec 31, 2019 2.56 2.02 — 2.58 3.21 0.87 4.05 1.57 1.04
Dec 31, 2018 2.27 1.49 40.85 2.60 3.55 0.89 10.12 1.76 1.18
Dec 31, 2017 1.82 1.21 31.32 2.55 2.09 1.04 — 2.17 0.93
Dec 31, 2016 1.84 1.13 12.18 2.80 1.80 0.81 9.45 1.34 0.87
Dec 31, 2015 1.42 0.92 1.57 2.57 2.02 0.66 4.93 1.18 0.75
Dec 31, 2014 1.09 0.52 1.05 2.35 2.85 0.49 1.81 0.82 0.63
Dec 31, 2013 0.65 0.34 0.65 1.81 2.93 0.51 1.25 0.56 0.64
Dec 31, 2012 0.48 0.34 1.77 2.29 3.37 0.58 161.74 0.41 0.90
Dec 31, 2011 0.40 0.34 3.52 2.69 3.89 0.70 6.45 0.38 0.47
Dec 31, 2010 0.30 0.35 4.49 2.63 4.02 0.62 1.35 0.36 0.48
Dec 31, 2009 0.36 0.45 6.07 3.62 4.35 0.86 1.22 0.34 0.49
Dec 31, 2008 0.48 0.68 — 5.84 5.00 1.17 1.33 0.33 0.72
Dec 31, 2007 0.25 0.42 0.91 3.20 4.45 0.83 0.45 0.23 0.43
Dec 31, 2006 0.16 0.36 2.01 3.98 3.85 0.52 0.64 0.24 0.46
Dec 31, 2005 0.16 0.24 0.97 3.05 3.39 0.45 0.63 0.30 0.48

Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-17), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-27), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-24).

Comparison to Sector (Capital Goods)

Illinois Tool Works Inc., debt to equity, long-term trends, comparison to sector (capital goods)

Microsoft Excel LibreOffice Calc
Illinois Tool Works Inc. Capital Goods
Dec 31, 2020 2.55 1.83
Dec 31, 2019 2.56 2.26
Dec 31, 2018 2.27 2.19
Dec 31, 2017 1.82 1.88
Dec 31, 2016 1.84 1.67
Dec 31, 2015 1.42 1.67
Dec 31, 2014 1.09 2.01
Dec 31, 2013 0.65 1.87
Dec 31, 2012 0.48 2.32
Dec 31, 2011 0.40 2.66
Dec 31, 2010 0.30 2.68
Dec 31, 2009 0.36 3.02
Dec 31, 2008 0.48 3.67
Dec 31, 2007 0.25 2.74
Dec 31, 2006 0.16 2.57
Dec 31, 2005 0.16 2.18

Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-17), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-27), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-24).

Comparison to Industry (Industrials)

Illinois Tool Works Inc., debt to equity, long-term trends, comparison to industry (industrials)

Microsoft Excel LibreOffice Calc
Illinois Tool Works Inc. Industrials
Dec 31, 2020 2.55 1.77
Dec 31, 2019 2.56 1.97
Dec 31, 2018 2.27 1.84
Dec 31, 2017 1.82 1.61
Dec 31, 2016 1.84 1.53
Dec 31, 2015 1.42 1.49
Dec 31, 2014 1.09 1.74
Dec 31, 2013 0.65 1.62
Dec 31, 2012 0.48 1.98
Dec 31, 2011 0.40 2.19
Dec 31, 2010 0.30 2.21
Dec 31, 2009 0.36 2.46
Dec 31, 2008 0.48 2.88
Dec 31, 2007 0.25 2.26
Dec 31, 2006 0.16 2.04
Dec 31, 2005 0.16 1.79

Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-19), 10-K (filing date: 2012-02-17), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-27), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-24).